2019 Q1 Form 10-Q Financial Statement
#000156459019017121 Filed on May 08, 2019
Income Statement
| Concept | 2019 Q1 | 2018 Q1 |
|---|---|---|
| Revenue | $2.299B | $2.456B |
| YoY Change | -6.36% | 16.24% |
| Cost Of Revenue | $1.726B | $1.941B |
| YoY Change | -11.08% | 17.34% |
| Gross Profit | $573.4M | $514.6M |
| YoY Change | 11.43% | 12.26% |
| Gross Profit Margin | 24.94% | 20.96% |
| Selling, General & Admin | $83.40M | $56.70M |
| YoY Change | 47.09% | 16.43% |
| % of Gross Profit | 14.54% | 11.02% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $237.4M | $198.1M |
| YoY Change | 19.84% | 3.66% |
| % of Gross Profit | 41.4% | 38.5% |
| Operating Expenses | $512.1M | $428.3M |
| YoY Change | 19.57% | 5.0% |
| Operating Profit | $61.30M | $86.30M |
| YoY Change | -28.97% | 70.89% |
| Interest Expense | -$80.60M | $16.10M |
| YoY Change | -600.62% | -125.56% |
| % of Operating Profit | -131.48% | 18.66% |
| Other Income/Expense, Net | -$9.700M | $100.0K |
| YoY Change | -9800.0% | -101.92% |
| Pretax Income | -$27.60M | $47.80M |
| YoY Change | -157.74% | -221.32% |
| Income Tax | -$2.900M | $8.900M |
| % Of Pretax Income | 18.62% | |
| Net Earnings | -$38.90M | $22.90M |
| YoY Change | -269.87% | -119.2% |
| Net Earnings / Revenue | -1.69% | 0.93% |
| Basic Earnings Per Share | -$0.30 | -$0.03 |
| Diluted Earnings Per Share | -$0.30 | -$0.03 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 232.2M | 218.7M |
| Diluted Shares Outstanding | 232.2M | 218.7M |
Balance Sheet
| Concept | 2019 Q1 | 2018 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $125.0M | $220.0M |
| YoY Change | -43.18% | 175.0% |
| Cash & Equivalents | $124.9M | $219.8M |
| Short-Term Investments | ||
| Other Short-Term Assets | $105.0M | $98.00M |
| YoY Change | 7.14% | 104.17% |
| Inventory | $198.0M | $97.00M |
| Prepaid Expenses | ||
| Receivables | $753.0M | $746.0M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $1.181B | $1.160B |
| YoY Change | 1.81% | 42.86% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $13.74B | $10.84B |
| YoY Change | 26.72% | 8.82% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $606.0M | $313.0M |
| YoY Change | 93.61% | 37.89% |
| Other Assets | $57.00M | $61.00M |
| YoY Change | -6.56% | 38.64% |
| Total Long-Term Assets | $16.39B | $13.59B |
| YoY Change | 20.56% | 5.85% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $1.181B | $1.160B |
| Total Long-Term Assets | $16.39B | $13.59B |
| Total Assets | $17.57B | $14.75B |
| YoY Change | 19.09% | 8.05% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $779.0M | $593.0M |
| YoY Change | 31.37% | 15.82% |
| Accrued Expenses | $121.0M | $89.00M |
| YoY Change | 35.96% | 21.92% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $318.0M | $300.0M |
| YoY Change | 6.0% | -43.91% |
| Total Short-Term Liabilities | $2.042B | $1.384B |
| YoY Change | 47.54% | -2.81% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $7.119B | $5.068B |
| YoY Change | 40.47% | 18.27% |
| Other Long-Term Liabilities | $311.0M | $603.0M |
| YoY Change | -48.42% | -3.52% |
| Total Long-Term Liabilities | $7.430B | $5.671B |
| YoY Change | 31.02% | 15.5% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $2.042B | $1.384B |
| Total Long-Term Liabilities | $7.430B | $5.671B |
| Total Liabilities | $11.56B | $8.439B |
| YoY Change | 36.97% | 8.65% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $6.010B | $6.314B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $17.57B | $14.75B |
| YoY Change | 19.09% | 8.05% |
Cashflow Statement
| Concept | 2019 Q1 | 2018 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$38.90M | $22.90M |
| YoY Change | -269.87% | -119.2% |
| Depreciation, Depletion And Amortization | $237.4M | $198.1M |
| YoY Change | 19.84% | 3.66% |
| Cash From Operating Activities | $307.6M | $354.4M |
| YoY Change | -13.21% | 11.2% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $943.3M | $595.9M |
| YoY Change | 58.3% | 313.25% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $9.000M | -$5.100M |
| YoY Change | -276.47% | -98.94% |
| Cash From Investing Activities | -$1.069B | -$677.3M |
| YoY Change | 57.86% | 8.28% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | $58.10M | |
| YoY Change | -88.92% | |
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 654.4M | 405.5M |
| YoY Change | 61.38% | 29.43% |
| NET CHANGE | ||
| Cash From Operating Activities | 307.6M | 354.4M |
| Cash From Investing Activities | -1.069B | -677.3M |
| Cash From Financing Activities | 654.4M | 405.5M |
| Net Change In Cash | -107.2M | 82.60M |
| YoY Change | -229.78% | 1170.77% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $307.6M | $354.4M |
| Capital Expenditures | $943.3M | $595.9M |
| Free Cash Flow | -$635.7M | -$241.5M |
| YoY Change | 163.23% | -238.4% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2018Q1 | us-gaap |
Profit Loss
ProfitLoss
|
38900000 | |
| CY2018Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
47800000 | |
| CY2018Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
8900000 | |
| CY2018Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
86300000 | |
| CY2018Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
13200000 | |
| CY2019Q1 | us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
1000000 | |
| CY2018Q1 | us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
900000 | |
| CY2019Q1 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-80600000 | |
| CY2018Q1 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
16100000 | |
| CY2019Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
2800000 | |
| CY2018Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
1500000 | |
| CY2019Q1 | us-gaap |
Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
|
-1400000 | |
| CY2019Q1 | us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
9700000 | |
| CY2018Q1 | us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
56100000 | |
| CY2019Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2299400000 | |
| CY2018Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2455600000 | |
| CY2019Q1 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
1726000000 | |
| CY2018Q1 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
1941000000 | |
| CY2019Q1 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
190200000 | |
| CY2018Q1 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
173200000 | |
| CY2019Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
237400000 | |
| CY2018Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
198100000 | |
| CY2019Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
81100000 | |
| CY2018Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
56700000 | |
| CY2019Q1 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-3400000 | |
| CY2018Q1 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-300000 | |
| CY2019Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
61300000 | |
| CY2019Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
211300000 | |
| CY2019Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
21400000 | |
| CY2019Q1 | trgp |
Contributions From Non Controlling Interest
ContributionsFromNonControllingInterest
|
196800000 | |
| CY2017Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
6756000000 | |
| CY2018Q1 | us-gaap |
Stock Granted During Period Value Sharebased Compensation Gross
StockGrantedDuringPeriodValueSharebasedCompensationGross
|
13200000 | |
| CY2018Q1 | trgp |
Distribution Equivalent Rights
DistributionEquivalentRights
|
3300000 | |
| CY2018Q1 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
400000 | |
| CY2018Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
57700000 | |
| CY2018Q1 | trgp |
Deemed Preferred Stock Dividend Accretion Of Beneficial Conversion Feature
DeemedPreferredStockDividendAccretionOfBeneficialConversionFeature
|
7000000 | |
| CY2018Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
199300000 | |
| CY2018Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
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| CY2018Q1 | trgp |
Contributions From Non Controlling Interest
ContributionsFromNonControllingInterest
|
280100000 | |
| CY2018Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
16000000 | |
| CY2018Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
22900000 | |
| CY2018Q1 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
22900000 | |
| CY2018Q1 | trgp |
Deemed Preferred Stock Dividend
DeemedPreferredStockDividend
|
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| CY2018Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-7000000 | |
| CY2018Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.03 | |
| CY2018Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.03 | |
| CY2018Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
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| CY2018Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
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| CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
-60100000 | |
| CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
-14700000 | |
| CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-45400000 | |
| CY2019Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-70100000 | |
| CY2019Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
14200000 | |
| CY2019Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-84300000 | |
| CY2019Q1 | us-gaap |
Stock Granted During Period Value Sharebased Compensation Gross
StockGrantedDuringPeriodValueSharebasedCompensationGross
|
16500000 | |
| CY2019Q1 | trgp |
Distribution Equivalent Rights
DistributionEquivalentRights
|
3600000 | |
| CY2019Q1 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
9600000 | |
| CY2019Q1 | trgp |
Deemed Preferred Stock Dividend Accretion Of Beneficial Conversion Feature
DeemedPreferredStockDividendAccretionOfBeneficialConversionFeature
|
7900000 | |
| CY2018Q1 | us-gaap |
Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
|
1200000 | |
| CY2018Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
6964400000 | |
| CY2019Q1 | us-gaap |
Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
|
23.75 | |
| CY2018Q1 | us-gaap |
Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
|
23.75 | |
| CY2019Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.91 | |
| CY2018Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.91 | |
| CY2019Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
2600000 | |
| CY2018Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
2700000 | |
| CY2019Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
16500000 | |
| CY2018Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
82600000 | |
| CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
232100000 | |
| CY2018Q1 | us-gaap |
Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
|
72500000 | |
| CY2019Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-2900000 | |
| CY2018Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
8900000 | |
| CY2019Q1 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
4800000 | |
| CY2018Q1 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
4200000 | |
| CY2019Q1 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-7200000 | |
| CY2018Q1 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-10900000 | |
| CY2019Q1 | us-gaap |
Gain Loss On Sale Of Property
GainLossOnSaleOfProperty
|
-3200000 | |
| CY2018Q1 | us-gaap |
Gain Loss On Sale Of Property
GainLossOnSaleOfProperty
|
100000 | |
| CY2019Q1 | us-gaap |
Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
-78200000 | |
| CY2018Q1 | us-gaap |
Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
-123700000 | |
| CY2019Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
60600000 | |
| CY2018Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-110200000 | |
| CY2019Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
36600000 | |
| CY2018Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-139300000 | |
| CY2019Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
307600000 | |
| CY2018Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
354400000 | |
| CY2019Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
943300000 | |
| CY2018Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
595900000 | |
| CY2019Q1 | us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
500000 | |
| CY2019Q1 | us-gaap |
Payments For Advance To Affiliate
PaymentsForAdvanceToAffiliate
|
117400000 | |
| CY2018Q1 | us-gaap |
Payments For Advance To Affiliate
PaymentsForAdvanceToAffiliate
|
88000000 | |
| CY2018Q1 | us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
1500000 | |
| CY2019Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
9000000 | |
| CY2018Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-5100000 | |
| CY2019Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1069200000 | |
| CY2018Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-677300000 | |
| CY2019Q1 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
765000000 | |
| CY2018Q1 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
640000000 | |
| CY2019Q1 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
795000000 | |
| CY2018Q1 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
280000000 | |
| CY2019Q1 | us-gaap |
Proceeds From Accounts Receivable Securitization
ProceedsFromAccountsReceivableSecuritization
|
378000000 | |
| CY2019Q1 | us-gaap |
Repayments Of Accounts Receivable Securitization
RepaymentsOfAccountsReceivableSecuritization
|
350400000 | |
| CY2018Q1 | us-gaap |
Repayments Of Accounts Receivable Securitization
RepaymentsOfAccountsReceivableSecuritization
|
50000000 | |
| CY2019Q1 | us-gaap |
Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
|
1500000000 | |
| CY2019Q1 | us-gaap |
Repayments Of Senior Debt
RepaymentsOfSeniorDebt
|
749400000 | |
| CY2019Q1 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
2700000 | |
| CY2018Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
58100000 | |
| CY2019Q1 | us-gaap |
Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
|
12800000 | |
| CY2018Q1 | us-gaap |
Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
|
400000 | |
| CY2019Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
9600000 | |
| CY2018Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
400000 | |
| CY2019Q1 | us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
196800000 | |
| CY2018Q1 | us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
280100000 | |
| CY2019Q1 | us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
18600000 | |
| CY2018Q1 | us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
16500000 | |
| CY2019Q1 | us-gaap |
Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
|
2800000 | |
| CY2018Q1 | us-gaap |
Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
|
2800000 | |
| CY2019Q1 | us-gaap |
Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
|
244100000 | |
| CY2018Q1 | us-gaap |
Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
|
222600000 | |
| CY2019Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
654400000 | |
| CY2018Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
405500000 | |
| CY2019Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-107200000 | |
| CY2017Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
137200000 | |
| CY2019Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
124900000 | |
| CY2018Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
219800000 | |
| CY2019Q1 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;"><a name="NOTE_1_ORGANIZATION_OPERATIONS"></a><a name="NOTE_1_ORGANIZATION_OPERATIONS"></a>Note 1 — Organization and Operations</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;"> </p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Our Organization</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;"> </p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Targa Resources Corp. (“TRC”) is a publicly traded Delaware corporation formed in October 2005. Our common stock is listed on the New York Stock Exchange under the symbol “TRGP.” In this Quarterly Report, unless the context requires otherwise, references to “we,” “us,” “our,” “the Company” or “Targa” are intended to mean our consolidated business and operations.</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;"> </p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Our Operations</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;"> </p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company is primarily engaged in the business of:</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;"> </p> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:3.33%;white-space:nowrap"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td valign="top" style="width:3.33%;white-space:nowrap"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-family:'Times New Roman';font-size:15pt;line-height:11pt;">•</p></td> <td valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">gathering, compressing, treating, processing, transporting and selling natural gas;</p></td></tr></table></div> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:3.33%;white-space:nowrap"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td valign="top" style="width:3.33%;white-space:nowrap"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-family:'Times New Roman';font-size:15pt;line-height:11pt;">•</p></td> <td valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">transporting, storing, fractionating, treating and selling NGLs and NGL products, including services to LPG exporters; and</p></td></tr></table></div> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:3.33%;white-space:nowrap"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td valign="top" style="width:3.33%;white-space:nowrap"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-family:'Times New Roman';font-size:15pt;line-height:11pt;">•</p></td> <td valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">gathering, storing, terminaling and selling crude oil.</p></td></tr></table></div> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;"> </p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">See Note 21 – Segment Information for certain financial information regarding our business segments.</p> | |
| CY2018Q4 | us-gaap |
Collateralized Financings
CollateralizedFinancings
|
280000000 | |
| CY2019Q1 | us-gaap |
Debt Current
DebtCurrent
|
307600000 | |
| CY2018Q4 | us-gaap |
Debt Current
DebtCurrent
|
1029400000 | |
| CY2019Q1 | us-gaap |
Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
|
0 | |
| CY2018Q4 | us-gaap |
Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
|
1500000 | |
| CY2019Q1 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
10500000 | |
| CY2018Q4 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
0 | |
| CY2018Q4 | trgp |
Preferred Stock Dividends Payable Current
PreferredStockDividendsPayableCurrent
|
22900000 | |
| CY2019Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
43000000 | |
| CY2019Q1 | us-gaap |
Gas Purchase Payable Current
GasPurchasePayableCurrent
|
779300000 | |
| CY2018Q4 | us-gaap |
Gas Purchase Payable Current
GasPurchasePayableCurrent
|
721900000 | |
| CY2019Q1 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
388000000 | |
| CY2018Q4 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
478600000 | |
| CY2019Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
13500000 | |
| CY2018Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
20800000 | |
| CY2019Q1 | trgp |
Outstanding Checks
OutstandingChecks
|
29300000 | |
| CY2018Q4 | trgp |
Outstanding Checks
OutstandingChecks
|
52600000 | |
| CY2019Q1 | us-gaap |
Collateralized Financings
CollateralizedFinancings
|
307600000 | |
| CY2019Q1 | us-gaap |
Energy Related Inventory
EnergyRelatedInventory
|
176400000 | |
| CY2018Q4 | us-gaap |
Energy Related Inventory
EnergyRelatedInventory
|
151100000 | |
| CY2019Q1 | us-gaap |
Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
|
21500000 | |
| CY2018Q4 | us-gaap |
Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
|
13600000 | |
| CY2019Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
2736600000 | |
| CY2018Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
2736600000 | |
| CY2019Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
796400000 | |
| CY2018Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
753400000 | |
| CY2019Q1 | us-gaap |
Depreciation
Depreciation
|
194400000 | |
| CY2018Q1 | us-gaap |
Depreciation
Depreciation
|
152400000 | |
| CY2019Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
171600000 | |
| CY2019Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
159400000 | |
| CY2019Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
149500000 | |
| CY2019Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
141200000 | |
| CY2019Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
136000000 | |
| CY2019Q1 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
91600000 | |
| CY2018Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
79900000 | |
| CY2019Q1 | us-gaap |
Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
|
40500000 | |
| CY2018Q4 | us-gaap |
Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
|
47700000 | |
| CY2019Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
26500000 | |
| CY2018Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
57300000 | |
| CY2019Q1 | trgp |
Preferred Stock Dividends Payable Current
PreferredStockDividendsPayableCurrent
|
22900000 | |
| CY2018Q4 | us-gaap |
Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
|
31200000 | |
| CY2019Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
900000 | |
| CY2019Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
35600000 | |
| CY2019Q1 | us-gaap |
Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
|
us-gaap:OtherAssetsNoncurrent | |
| CY2019Q1 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
40900000 | |
| CY2019Q1 | us-gaap |
Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List
FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
|
us-gaap:PropertyPlantAndEquipmentGross | |
| CY2019Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
2700000 | |
| CY2019Q1 | us-gaap |
Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
|
us-gaap:AccountsPayableAndAccruedLiabilitiesCurrent | |
| CY2019Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.040 | |
| CY2019Q1 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.039 | |
| CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths
|
4700000 | |
| CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
8900000 | |
| CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
9000000 | |
| CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
8000000 | |
| CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
6200000 | |
| CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
23500000 | |
| CY2019Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
7133500000 | |
| CY2018Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
5663500000 | |
| CY2019Q1 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
42700000 | |
| CY2018Q4 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
31100000 | |
| CY2019Q1 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
27700000 | |
| CY2018Q4 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
0 | |
| CY2019Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
7436600000 | |
| CY2018Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
6660300000 | |
| CY2019Q1 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
69800000 | |
| CY2018Q4 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
79500000 | |
| CY2019Q1 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
63900000 | |
| CY2018Q4 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
55500000 | |
| CY2019Q1 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
174600000 | |
| CY2018Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
175500000 | |
| CY2019Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
47800000 | |
| CY2019Q1 | us-gaap |
Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
|
14900000 | |
| CY2019Q1 | us-gaap |
Finance Lease Liability Current Statement Of Financial Position Extensible List
FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
|
us-gaap:LiabilitiesCurrent | |
| CY2019Q1 | us-gaap |
Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List
OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
|
us-gaap:OtherLiabilitiesNoncurrent | |
| CY2019Q1 | us-gaap |
Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List
FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
|
us-gaap:LiabilitiesNoncurrent | |
| CY2019Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
2300000 | |
| CY2019Q1 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
7600000 | |
| CY2019Q1 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
1200000 | |
| CY2019Q1 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
3100000 | |
| CY2019Q1 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
400000 | |
| CY2019Q1 | us-gaap |
Lease Cost
LeaseCost
|
14600000 | |
| CY2019Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
2000000 | |
| CY2019Q1 | us-gaap |
Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
|
400000 | |
| CY2019Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P8Y | |
| CY2019Q1 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P3Y | |
| CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
60300000 | |
| CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
9800000 | |
| CY2019Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
50500000 | |
| CY2019Q1 | us-gaap |
Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
|
11800000 | |
| CY2019Q1 | us-gaap |
Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
|
11000000 | |
| CY2019Q1 | us-gaap |
Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
|
9200000 | |
| CY2019Q1 | us-gaap |
Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
|
8200000 | |
| CY2019Q1 | us-gaap |
Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
|
1000000 | |
| CY2019Q1 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
41200000 | |
| CY2019Q1 | us-gaap |
Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
|
3000000 | |
| CY2019Q1 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
38200000 | |
| CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
20900000 | |
| CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
20200000 | |
| CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
18500000 | |
| CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
16500000 | |
| CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
9800000 | |
| CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
24900000 | |
| CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
110800000 | |
| CY2019Q1 | us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
22900000 | |
| CY2019Q1 | us-gaap |
Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
|
2019-05-14 | |
| CY2019Q1 | us-gaap |
Partners Capital Account Contributions
PartnersCapitalAccountContributions
|
0 | |
| CY2015Q4 | us-gaap |
Preferred Units Issued
PreferredUnitsIssued
|
5000000 | |
| CY2019Q1 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
30800000 | |
| CY2018Q1 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
29900000 | |
| CY2019Q1 | trgp |
Derivative Asset Before Effects Of Master Netting Arrangements
DerivativeAssetBeforeEffectsOfMasterNettingArrangements
|
99000000 | |
| CY2018Q4 | trgp |
Derivative Asset Before Effects Of Master Netting Arrangements
DerivativeAssetBeforeEffectsOfMasterNettingArrangements
|
149400000 | |
| CY2019Q1 | trgp |
Derivative Liability Before Effects Of Master Netting Arrangements
DerivativeLiabilityBeforeEffectsOfMasterNettingArrangements
|
52700000 | |
| CY2018Q4 | trgp |
Derivative Liability Before Effects Of Master Netting Arrangements
DerivativeLiabilityBeforeEffectsOfMasterNettingArrangements
|
36700000 | |
| CY2019Q1 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
99000000 | |
| CY2018Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
149400000 | |
| CY2019Q1 | us-gaap |
Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
|
52700000 | |
| CY2018Q4 | us-gaap |
Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
|
36700000 | |
| CY2019Q1 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
29000000 | |
| CY2019Q1 | us-gaap |
Derivative Assets
DerivativeAssets
|
68000000 | |
| CY2018Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
116400000 | |
| CY2019Q1 | trgp |
Derivative Collateral Obligation Right To Return Reclaim Securities
DerivativeCollateralObligationRightToReturnReclaimSecurities
|
-7300000 | |
| CY2018Q4 | trgp |
Derivative Collateral Obligation Right To Return Reclaim Securities
DerivativeCollateralObligationRightToReturnReclaimSecurities
|
-14200000 | |
| CY2019Q1 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
46300000 | |
| CY2019Q1 | trgp |
Price Risk Cash Flow Hedge Gain Loss Expected To Reclassify Into Earnings
PriceRiskCashFlowHedgeGainLossExpectedToReclassifyIntoEarnings
|
64600000 | |
| CY2019Q1 | us-gaap |
Price Risk Cash Flow Hedge Unrealized Gain Loss To Be Reclassified During Next12 Months
PriceRiskCashFlowHedgeUnrealizedGainLossToBeReclassifiedDuringNext12Months
|
47300000 | |
| CY2019Q1 | trgp |
Derivative Fair Value Of Asset Liability Net If Commodity Price Increases By10 Percent
DerivativeFairValueOfAssetLiabilityNetIfCommodityPriceIncreasesBy10Percent
|
-40100000 | |
| CY2019Q1 | trgp |
Derivative Fair Value Of Asset Liability Net If Commodity Price Decreases By10 Percent
DerivativeFairValueOfAssetLiabilityNetIfCommodityPriceDecreasesBy10Percent
|
129200000 | |
| CY2019Q1 | trgp |
Number Of Natural Gas Basis Swaps Categorized As Level3
NumberOfNaturalGasBasisSwapsCategorizedAsLevel3
|
13 | |
| CY2019Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
66100000 | |
| CY2018Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
42800000 | |
| CY2019Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
300000 | |
| CY2019Q1 | trgp |
Non Cash Adjustment To Line Fill
NonCashAdjustmentToLineFill
|
17500000 | |
| CY2018Q1 | trgp |
Non Cash Adjustment To Line Fill
NonCashAdjustmentToLineFill
|
1700000 | |
| CY2019Q1 | trgp |
Transfers From Materials And Supplies To Property Plant And Equipment
TransfersFromMaterialsAndSuppliesToPropertyPlantAndEquipment
|
1100000 | |
| CY2018Q1 | trgp |
Transfers From Materials And Supplies To Property Plant And Equipment
TransfersFromMaterialsAndSuppliesToPropertyPlantAndEquipment
|
400000 | |
| CY2018Q1 | trgp |
Contribution Of Property Plant And Equipment To Investment In Unconsolidated Affiliates
ContributionOfPropertyPlantAndEquipmentToInvestmentInUnconsolidatedAffiliates
|
16000000 | |
| CY2019Q1 | us-gaap |
Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
|
7400000 | |
| CY2018Q1 | us-gaap |
Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
|
2100000 | |
| CY2019Q1 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
3600000 | |
| CY2018Q1 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
3300000 | |
| CY2018Q1 | us-gaap |
New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
|
5200000 | |
| CY2018Q1 | trgp |
Noncash Noncontrolling Interest Increase From Business Combination
NoncashNoncontrollingInterestIncreaseFromBusinessCombination
|
1200000 | |
| CY2019Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
400000 | |
| CY2019Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
1500000 | |
| CY2019Q1 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
18900000 | |
| CY2018Q1 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
9600000 | |
| CY2019Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | |
| CY2019Q1 | trgp |
Operating Margin
OperatingMargin
|
383200000 | |
| CY2019Q1 | us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
905600000 | |
| CY2018Q1 | trgp |
Operating Margin
OperatingMargin
|
341400000 | |
| CY2018Q1 | us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
558000000 | |
| CY2019Q1 | us-gaap |
Revenues
Revenues
|
1964700000 | |
| CY2018Q1 | us-gaap |
Revenues
Revenues
|
2212500000 | |
| CY2019Q1 | trgp |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
11800000 | |
| CY2018Q1 | trgp |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
-38800000 | |
| CY2019Q1 | trgp |
Other Operating And Non Operating Income Expense Net
OtherOperatingAndNonOperatingIncomeExpenseNet
|
-2000000 | |
| CY2018Q1 | trgp |
Other Operating And Non Operating Income Expense Net
OtherOperatingAndNonOperatingIncomeExpenseNet
|
1200000 |
